Mr. Do Viet Hung, member of Vietcombank's Board of Directors, hosted the session and provided views on global and domestic macroeconomic developments in 2025, as well as updates on Vietcombank's business performance in Q3 and outlook for the full year 2025.  The meeting also included discussions on global economic trends, financial market dynamics, and Vietcombank's strategic plans for the coming year.  

Vietcombank representatives discuss Q3 2025 business results with investors via online meeting

Vietnam's economy continues to demonstrate robust recovery, with GDP growth reaching 8.2% in Q3 2025, bringing 9M growth to 7.85%, almost meeting the government's full-year target of 8%.  The average inflation rate for 2025 is predicted to continue in the 3.8-4.0% range, well below the National Assembly's ceiling of 4.5%, indicating the government's flexible and successful policy management.  The outlook for 2026 is still encouraging, with an aggressive GDP growth target of roughly 10%, GDP per capita of USD 5,400-5,500, and an emphasis on development investment, productivity increase, and growth quality improvement. 

In this context, Vietcombank once again delivered a resilient quarter, further strengthening its leading position.  

Profit before tax (PBT) reached VND 11,239 billion in Q3 2025, up 1.9% quarter-on-quarter and 5.1% year-on-year, driven by strong credit growth and non-interest income contributing around 20% of total operating income. 

Asset quality remained well managed, with an NPL ratio of 1.03%, slightly higher than end-2024 but still among the best in the sector. 

Loan loss coverage ratio (LLCR) stood at a robust 202%, providing a strong buffer against potential risks. 

Capital adequacy ratio (CAR) was maintained at 11.5%, supporting sustainable growth. 

Vietnam's GDP has grown by more than 8% year on year for the second quarter in a row, above market expectations.  While other ASEAN countries' exports to the United States have moderated, Vietnam's trade performance has remained solid, with double-digit growth and exceptional durability.  Beyond trade, Vietnam's growth narrative is fueled by strong domestic demand, with the services sector remaining a crucial pillar, as is the government's resolute attempts to speed large-scale infrastructure projects and closely oversee public investment distribution progress. 

Vietcombank's sound financial base, effective risk management, and agility enable it to proactively sustain stable development, capture emerging opportunities, and lead market trends.  The Bank continues to align its strategic development with national growth priorities, contributing to Vietnam's economic momentum and reinforcing its position as the country's leading bank in terms of market capitalization and profitability, as well as one of the region's top financial institutions. 

Vietcombank sincerely appreciates its investors and shareholders' continuing trust and partnership.  The bank is dedicated to transparency, timely information disclosure, and shareholder protection.  Vietcombank views transparent and regular communication as a vital bridge to enhance mutual understanding and collaboration with investors and analysts. The Bank aims to further strengthen engagement channels, ensuring open dialogue and long-term shared value creation. 

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